Cash Advance Loans


Cash Advance Loans (also known as payday loans, check advance loans, post dated check loans or deferred deposit loans) are short term loans readily available at short notice for those in paid employment, typically at high interest rates.

They are loans to be repaid within a short period (for example at the next payday).  If they are used frequently or, worse still, rolled forward from one payday to the next, they are a very expensive way of borrowing money.

Cash Advance Loans may be useful to meet one-off emergencies.  If you usually have money to spare from each payday, but you've already spent it when something crops up, a Cash Advance Loan may let you "borrow" from your next payday.  Only use these loans if you can know you will be able to repay the loan and interest from your next pay packet.

Able was I ere I saw Elba

Financial Information Services; Loans: Credit Cards

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